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Vanity - Dow Jones Election Prediction - Vanity
Me | 10-29-04 | Me

Posted on 10/29/2004 11:30:56 AM PDT by IDontLikeToPayTaxes

Hey folks, this is my first vanity in 6 years of Freeping. So, sorry in advance for the vanity. :)

Anyway, I've been watching the Dow Jones Average since Labor Day. Why? Because the old theory is that if, on Election Day, the Dow is higher than it was on Labor Day, the incumbant will win. And vice-versa. This theory has been approx. 90% accurate for the past 100 years, or something like that.

Anyway, the Dow was around 10,250 on Labor Day, and it's at 10,000 today, with one trading day left before Tuesday.

I've been worrying about this since September. Do any Freeper experts out there have any input ???


TOPICS: Politics/Elections
KEYWORDS: election; market; prediction; presidential; stock
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Comments, please. :)
1 posted on 10/29/2004 11:30:56 AM PDT by IDontLikeToPayTaxes
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To: IDontLikeToPayTaxes
This theory has been approx. 90% accurate for the past 100 years, or something like that.

There's a 10% margin for error in that. I'm confident that we reside in that 10%.

2 posted on 10/29/2004 11:31:47 AM PDT by mhking
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To: IDontLikeToPayTaxes

I predict that the person receiving the most electoral college votes will win. More accurate than the Dow, hemlines, Zogby or even the Washington Redskins.


3 posted on 10/29/2004 11:32:31 AM PDT by Capt. Jake (Tar Heels against Edwards)
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To: mhking

True. There are SO MANY of these election theories (whoever wins Ohio....whoever wins Missouri, etc), that's it's hard to sort them out.


4 posted on 10/29/2004 11:33:07 AM PDT by IDontLikeToPayTaxes
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To: IDontLikeToPayTaxes

And due to Babe Ruth's curse, it is impossible for the Red Sox to ever win the World Series.


5 posted on 10/29/2004 11:33:12 AM PDT by ambrose (http://www.swiftvets.com)
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To: Capt. Jake
I predict that the person receiving the most electoral college votes will win.

THAT theory has proven correct in EVERY election, without fail. I think you're on to something...

6 posted on 10/29/2004 11:34:23 AM PDT by Izzy Dunne (Hello, I'm a TAGLINE virus. Please help me spread by copying me into YOUR tag line.)
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To: IDontLikeToPayTaxes

Hell, look at MLB history... no man whose hometown baseball team won the World Series in an election year has ever gone on to win the presidency.

It is pretty easy to come with these sort of things, like the Redskins/Lakers "predictors".


7 posted on 10/29/2004 11:34:27 AM PDT by ambrose (http://www.swiftvets.com)
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To: IDontLikeToPayTaxes

Not this shit again.


8 posted on 10/29/2004 11:34:47 AM PDT by MisterRepublican
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To: ambrose

And no incumbent Republican President can ever win an off-year congressional election (2002).


9 posted on 10/29/2004 11:34:53 AM PDT by Argus
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To: ambrose
And due to Babe Ruth's curse, it is impossible for the Red Sox to ever win the World Series.

Oh, believe me, I've taken that into consideration, too!!!

Perhaps this election will set all sorts of records??

10 posted on 10/29/2004 11:35:13 AM PDT by IDontLikeToPayTaxes
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To: mhking

Actually, Stock Traders Almanac provides a
log in which you record the Dow on the day AFTER
the last convention and then on the day before
election day. I will check this over the weekend
and post as appropriate.

BTW, prior to 2000, there had never been a loss on the
DJIA in the final 7 months of a prez election yr. That's from June 1-Dec 31 of the election yr. That 'indicator'
goes back to 1900 or something. This also according
to Hirsch.

MV


11 posted on 10/29/2004 11:36:04 AM PDT by madvlad
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To: IDontLikeToPayTaxes
You are wasting your time. It doesn't matter if the Dow is at a certain point, it doesn't matter if the Red Sox win or lose, it doesn't matter if a certain football team wins the weekend before, it doesn't matter if there is a lunar eclipse. It matters that the party gets their voters energized and out to the polls!
12 posted on 10/29/2004 11:36:19 AM PDT by IrishGOP (John sKerry believes in the UN, I believe in the 101st Airborne Screaming Eagles!)
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To: Argus

Well, your sample size is too small. Add in Democrats and Clinton did it in 1998.


13 posted on 10/29/2004 11:37:29 AM PDT by GraniteStateConservative (...He had committed no crime against America so I did not bring him here...-- Worst.President.Ever.)
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To: IDontLikeToPayTaxes

The stats said the Red Sox wouldn't come back against the Yankees.


14 posted on 10/29/2004 11:37:46 AM PDT by Huck ("Winners don't need to hijack airplanes. Winners have an air force." --P.J. O'Rourke)
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To: IDontLikeToPayTaxes

This is really really weird. I can't shake the "feeling" THAT BUSH WILL SCORE A MAJOR LANDSLIDE and only the constant drip drip drip of acid from the MSM makes this "invisible".

...On the other hand...

good grief! Never been so confused before an election. I suspect, therefore, that someone, somewhere, has a major plan to "take advantage" of "confusion". (So I just moved to cash.) Let them "whipsaw" away, I'm ready.


15 posted on 10/29/2004 11:41:59 AM PDT by RISU
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To: IDontLikeToPayTaxes

I'll stick with the Weekly Reader poll. They've picked the last 11 out of 12 winners since 1956 and this year, they picked Bush.


16 posted on 10/29/2004 11:47:10 AM PDT by Signalman
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To: IDontLikeToPayTaxes
They keep dragging out these theories that benefit Kerry. Sunday it will probably be a football game. Let's get real here, superstitions are all these things are. They are not based in fact, how can they be? You can look for trends in many areas and I'm sure you'd find some that would benefit Pres. Bush. It's a waste of time and rational thought and TRUE efforts to re-elect G.W.Bush.
17 posted on 10/29/2004 11:51:33 AM PDT by BonnieJ
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To: IDontLikeToPayTaxes

Root for the Washington Redskins on Sunday. The incumbent wins whenn the Redskins win the Sunday before the election.

So there, another pie in the sky theory for you.


18 posted on 10/29/2004 11:54:33 AM PDT by The South Texan (The Democrat Party and the leftist (ABCCBSNBCCNN NYLATIMES)media are a criminal enterprise!)
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To: IDontLikeToPayTaxes

Any good statistics professor will tell you: correlation does not mean coordination.


19 posted on 10/29/2004 11:59:55 AM PDT by mnehring (Fear leads to the Dark Side. Fear leads to anger. Anger leads to hate. Hate leads to John Kerry.)
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To: IDontLikeToPayTaxes

I asked my Magic 8 Ball if Bush would win and got this reply:

 

20 posted on 10/29/2004 12:01:07 PM PDT by Semi Civil Servant (November 2, 2004: I'm suspicious of the timing of this election.)
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